Employer Tax And Wage Report (Quarterly) Form - 2012 Page 4
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12Tax Information
(See form called, “EMPLOYER TAX AND WAGE REPORT (QUARTERLY) Part 1”, page 16)
Because tax is due only on the amount of wages paid to any individual employee up to the
taxable wage base (preprinted on line 9), the form is designed to allow the removal of wages paid in
excess of the taxable wage base in order to arrive at the net taxable wages paid in the quarter cov-
ered by the report.
Reimbursing employers must file timely reports each quarter, but they do not make entries on
lines 9-12.
The following example illustrates how wages paid to each individual employee in excess of the
taxable wage base are removed to arrive at the taxable wages for the quarter. The example assumes
a taxable wage base of $8,000 and a tax rate of 2.7%.
Employee 1
Employee 2
Tax Report
1st. Quarter Total Wages $4,000
$3,000
$7,000 (line 8)
Excess
0
0
0 (line 9)
Taxable Wages
4,000
3,000
7,000 (line 10)
Tax Due
-
-
189 (line 11)
(Total Wages -
Year to Date)
(4,000)
(3,000)
-
2nd. Quarter Total Wages
4,000
3,000
7,000
Excess
0
0
0
Taxable Wages
4,000
3,000
7,000
Tax Due
-
-
189
(Total Wages -
Year to Date)
(8,000)
(6,000)
-
3rd. Quarter Total Wages
4,000
3,000
7,000
Excess
4,000
1,000
5,000
Taxable Wages
0
2,000
2,000
Tax Due
-
-
54
(Total Wages -
Year to Date)
(12,000)
(9,000)
-
4th. Quarter Total Wages
4,000
3,000
7,000
Excess
4,000
3,000
7,000
Taxable Wages
0
0
0
Tax Due
-
-
-
(Total Wages -
Year to Date)
(16,000)
(12,000)
-
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